A growing number of firms have moved to automated accounts receivable (AR) processes, but the adoption rate varies by industry sector. For example, only 48% of construction firms are using automated AR processes, according to “Innovating B2B Payments,” a PYMNTS and i2c collaboration. Get the...
Guided B2B marketplace Negotiatus says it has rebranded itself as Order following a $30 million Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
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Expense management software company Expensify launched its Expensify CPA Card on Monday (Jan. 24), featuring quick client setups and a high monthly revolving credit limit with no credit check or personal guarantees, according to a company announcement. Get the Full Story Complete the form to...
While chief financial officers (CFOs) have many reasons to upgrade their accounts receivable (AR) systems, more than half of them cited more transparent processes as a primary motivation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Commercial construction, a $900 billion industry in the U.S., has the longest days sales outstanding (DSO) of any mature industry — 83 days. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
When you’re the CEO of an online community that includes tens of thousands of banking and credit union professionals and millions of interactions, you know what’s happening in the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Payments processor Paya has launched a partnership with Transcard, a company offering payment technology for financial institutions (FIs), according to a Monday (Jan. 24) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
More than 60% of finance professionals say their businesses have suffered vendor payment and invoice processing delays after going remote. In the B2B Digital Payments Tracker, Matthew Shanahan of automated collections software provider Lockstep, explains how virtual cards help remote AP departments gain efficiencies.
